Hawks and Doves Clash Clouds Outlook for Rates
Bloomberg Businessweek
00:00
The Fed's Walking a Tough Line on Inflation
The overall CPI inflation rate was 9.1% a year ago this month, and now stand at 3%. The core PCE index is currently, I believe, at 4.8%. Michael Green: We're starting to see a little bit of exuberance in the market. Some of it's warranted because it looks like a recession has been put off till later this year or early next year.
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